Nevada
Vegas casino pulls plug on prediction market conference amid Nevada crackdown
A Las Vegas casino abruptly pulled the plug on a prediction market conference over fears the event could draw scrutiny from Nevada gambling regulators, according to a report.
Predict 2026 had been slated for the Aria on the Strip before the MGM-operated resort canceled the booking just days after signing the agreement.
‘The [Aria] is issuing this notice in light of Nevada’s current regulatory and enforcement position regarding prediction markets,’ a lawyer for the resort wrote in a termination letter cited by Barron’s.
The dispute highlights escalating tensions between state gambling regulators and prediction market firms such as Kalshi and Polymarket, which let people bet on the outcomes of all kinds of events.
Nevada regulators have taken an especially aggressive stance toward the fast-growing sector, arguing that some sports-event contracts resemble unlicensed wagering that bypasses state gaming rules and taxes.
Last October, the Nevada Gaming Control Board warned casino license holders that maintaining ties to prediction market operators could factor into whether they remain eligible for gaming licenses.
“If a Nevada licensee chooses to offer Sports and Other Event Contracts in Nevada or decides to partner with other entities offering Sports and Other Event Contracts in the state, the Board will consider these developments as it evaluates the suitability of the entity to maintain a Nevada gaming license,” regulators said in the guidance cited by Barron’s.
While Predict 2026 was not sponsored by any prediction market company, Aria’s legal notice indicated that regulators had become increasingly sensitive even to indirect promotion of the industry.
The Aria, which opened in 2009 and is operated by MGM Resorts after being sold to Blackstone in 2021, did not immediately respond to a request for comment.
The showdown highlights the widening divide between traditional casino operators and the new entrants into the prediction market space.
Legacy gaming giants such as MGM Resorts and Caesars Entertainment have largely stayed away from prediction markets even as companies including DraftKings have launched competing platforms to challenge businesses like Kalshi.
Prediction market operators insist that their event contracts are federally regulated financial instruments overseen by the Commodity Futures Trading Commission, allowing them to operate nationwide for users over 18.
Some state gaming regulators, however, have argued that sports-related contracts closely resemble sports betting and should fall under state gambling laws.
Nevada officials have already taken direct legal action against Kalshi.
The Nevada Gaming Commission sued the company over its sports event contracts, and the platform was briefly barred from operating in the state earlier this year, according to Barron’s.
The Post has sought comment from Polymarket, Aria and the Nevada Gaming Control Board.
CARSON CITY, Nev. (KOLO) -Nevada Secretary of State Cisco Aguilar is calling a federal court ruling against the Trump administration a “big victory” after a judge struck down a presidential executive order tied to voter “election requirements.”
The ruling blocks an executive order that would have mandated states require voters to provide proof of citizenship to register.
Aguilar said the decision is a recognition that states have the responsibility to run their elections.
“The constitution is very clear in that states have that duty and obligation,” Aguilar said.
Nevada and 18 other states described the ruling as an overwhelming victory in court.
The court also stopped threats to withhold funding from states that refused to comply with proof-of-citizenship requirements and it throws out a demand for states not to count ballots received after Election Day. However the Supreme Court is expected to make a ruling on the latter of the two in the coming days.
Aguilar said the executive orders were intended for partisan gain.
“I think the fact the president is trying to federalize elections shows he’s trying to influence the election, and again that’s wrong,” Aguilar said. “Voters should decide elections, the president should not choose his voters for our elections.”
Aguilar also said the cost to taxpayers if the executive orders had remained in place would have been an unfair burden.
“To hold states hostage from resources I think is detrimental to the overall responsibility of the federal government,” he said.
Copyright 2026 KOLO. All rights reserved.
NV Energy has issued a Public Safety Outage Management (PSOM) watch for multiple regions in northern and eastern Nevada, warning customers of potential proactive power shutoffs this weekend due to elevated fire weather conditions.
In the Carson City and Genoa areas, a temporary power outage is possible on Saturday, June 27, from approximately 8 a.m. to 8 p.m. The impacted zones include South Carson City/Jacks Valley and South Carson City/Clear Creek.
Meanwhile, a separate 24-hour PSOM watch has been issued further east for parts of Elko County. Residents in East Elko and Spring Creek could experience proactive outages beginning Saturday, June 27, at 10 a.m. through Sunday, June 28, at 10 a.m.
NV Energy officials stated they are actively monitoring local fire weather and will provide regular status updates to affected customers. The utility provider noted that any customers currently experiencing a power outage outside of these designated PSOM zones should report it directly via NV Energy’s online Outage Center.
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